Plugged it into the spreadsheet, here's what I came up with: Assumptions (pulled from the linked sheet): -Purchase Price: $133,000-DP: 30% -Rate: 5%-Term: 30 Year-Closing Costs: $3700 (National average, will depend on your loan and deal)-Insurance: $2616.00/yr-Taxes: $2100.00/yr-Repairs, Management, Utilities: ~10%/yr (Roughly 3% repairs +$3750+$6000)-Gross Income: $2650- Appreciation rate of property and rent increase rate both equal inflation -At sale, 6% realtor fees + $1000.00 in other fees (probably not enough) Results (assuming you hold for 5+ Years):-Cash Flow: ~$4600/yr -IRR: 13%These aren't terrible numbers, but they're not amazing either.  

Welcome to BP Nation Matt.

There was a short article about safety when showing property in either the CA ***'n or National ***'n of Realtors magazine, recently.

LOL...the Browns don't use any philosophy, just take a look at the national mocking that ensued based on their recent logo "change"

If I'm not mistaken unlike some of the other "rules" this one is based on a survey of millions of units from the national apartment association. 

I don't know if they are national or not.

Working with a national broker would bring credibility, however, I doubt most will be gung-ho about assignments and options.  

Whatever is going on around the rest of the nation is only relevant if it affects me. 

If you are dealing with a national or even a regional bank that is probably why you are hitting that financing road block.Have you contacted any banks that are portfolio lenders or in other words banks that hold their own paper? 

It won't be as easy to help them as I thought even though I've known these women all of my life; this is due to my cousin (who's their daughter and is the one who got them in this pickle) not being so willing to approach resolution any other way than with a short sale.